On Tuesday, Venezuelan president Hugo Chávez passed away after 14 years in office. Below is a series of graphs that illustrate the economic and social changes that have taken place in Venezuela during ...

Venezuela, a nation blessed with the largest oil reserves in the world, has shockingly transformed from a potential powerhouse to an economic disaster. In this video, we dive into the mismanagement ...

Venezuela's economy grew over 9% in 2024, President Nicolas Maduro said, according to a transcript of an interview published by Mexican media outlet La Jornada on Wednesday.

The next chart shows Venezuela’s narrow money supply M1 since 2008 – unfortunately we could not find a log chart going back that far, so one can only discern the “parabolic printing phase ...

Oil Is Major Part of Venezuela's GDP. Oil comprises more than 80% of Venezuela's exports and more than 17% of its gross ...

Venezuela's inflation has skyrocketed amid the ongoing economic, political, and social crisis. ... The chart below shows Venezuela's inflation rate from the 1970s to 2017.

Graphs show how Venezuela's economy was empowered by late President Hugo Chávez, but sharply declined amid government mismanagement, falling oil prices and U.S. sanctions under President Nicolás ...

To be sure, Venezuela's economy looks okay in many respects; it's growth is about average for the region, as you can see in this graph from The Economist. But hey, ...

During 2019 alone, Venezuela’s GDP shrank by an alarming 27.7% and then 30% in 2020 as the COVID-19 pandemic hit Latin America particularly hard. During 2020, ...

As their chart below shows, it took ex-Soviet states roughly 12 years to return to their pre-crisis GDP levels, indicating that Venezuela is likely staring down years of malaise: ...

For some time now, the United States has been using Venezuela’s vulnerabilities to engage in a low-grade economic war. Instead of military action, the U.S. has imposed selected economic ...